Centrifuge price

in AED
AED1.043
-- (--)
AED
Market cap
AED165.38M #226
Circulating supply
158.34M / --
All-time high
AED9.539
24h volume
AED795.23K
3.3 / 5
CFGCFG
AEDAED

About Centrifuge

Centrifuge (CFG) is a cryptocurrency that powers a decentralized platform for real-world asset (RWA) tokenization. It connects traditional finance (TradFi) with decentralized finance (DeFi) by turning assets like invoices, loans, and treasury bills into digital tokens. These tokenized assets can then be used in DeFi applications, providing investors with access to new yield opportunities while maintaining transparency and security. Centrifuge's technology enables institutions to bring high-quality, regulated assets onchain, making them available to a broader audience. With growing adoption in private credit, treasury funds, and structured products, CFG plays a key role in bridging the gap between blockchain and real-world financial markets.
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Block explorer
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Last audit: --

Centrifuge’s price performance

Past year
-13.99%
AED1.21
3 months
+35.59%
AED0.77
30 days
+1.57%
AED1.03
7 days
-9.55%
AED1.15

Centrifuge on socials

日拱一卒王小楼💢
日拱一卒王小楼💢
Last week, while researching the RWA track, I suddenly realized a problem: Why has RWA been shouted about for so many years but still hasn't taken off? It wasn't until I saw Novastro (@Novastro_xyz) that I understood where the problem lies. The RWA dilemma that troubled me Last year, I tried investing in on-chain government bonds. The logic is simple: 4-5% stable returns, on-chain transparency, much more convenient than traditional finance. But after a month, I gave up. It wasn't that the returns were bad, but it was too TM fragmented. Government bonds on Ondo, real estate on Mantra, corporate bonds on Centrifuge... each protocol is an island, assets cannot interconnect, and liquidity is terribly poor. At that moment, I suddenly understood: the current RWA protocols only solve the "issuance" step but haven't addressed the "liquidity" issue. It's like having a bunch of property certificates but no trading market; these assets are dead. Novastro's "Aha" moment When I first saw Novastro's positioning, a thought suddenly flashed through my mind: This TM is exactly how RWA should look! They are not issuing a certain type of asset; they are creating a "network layer that allows all real assets to flow freely." Imagine this: You buy gold on Ethereum You can directly use it for collateral lending on Arbitrum Then sell it on Solana, exchanging it for real estate income rights Throughout the process, AI automatically helps you handle compliance and yield optimization This is the leap from "asset islands" to "asset networks." DTC: Bringing assets to "life" What excites me the most is actually Novastro's DTC (Dynamic Token Contracts) mechanism. In simple terms, it allows each RWA asset to "come to life" like a smart contract. Not static tokens, but "living assets" that can automatically execute rules, allocate yields, and handle compliance. This reminds me of IRYS's programmable storage. They are both doing the same thing: turning data/assets from "dead" to "alive." And this transformation is where the true value of Web3 lies. The data that convinced me To be honest, I've seen too many PPT projects in the RWA track. But Novastro is different: In July, the testnet had over 400,000 users $25 million TVL Kaito IDO was oversubscribed by 250% FDV is only $50 million These numbers indicate that the market truly needs this. More importantly, the TGE is set for October 15. This means there isn't much time left for early participants. NovaLand Genesis NFT: An opportunity worth paying attention to As I write this, I notice that Novastro has launched the NovaLand Genesis NFT. This is not an ordinary PFP but a truly valuable asset: Early participation in RWA yield opportunities (real estate/agriculture/gold) Staking $XNL for additional annualized returns Gaining OG status and governance priority What's even more interesting is that they are distributing NFT whitelist spots through "creator incentives." This approach is very clever. It's not about speed or wallet size but about content quality. The community filtered this way will be of much higher quality. My judgment To be honest, after seeing Novastro, my confidence in the RWA track has increased significantly. Previously, I thought RWA was a direction that "looks beautiful but is hard to implement," but now I believe the problem isn't that RWA doesn't work, but that the previous approaches were wrong. Ondo, Centrifuge, and Mantra are all focused on "asset issuance," but Novastro is building an "asset network." This is the difference between going from 1 to N and from 0 to 1. When real assets can flow and combine freely like DeFi, the imaginative space for the entire RWA track opens up. And Novastro might just be the project that opens this door. Deadline is October 12, time is running out. Submission form: X: Official website:
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Yueya.eth
Yueya.eth
The current RWA protocols mostly only address the "issuance" step. Ondo does government bonds, Centrifuge does financing for small and medium enterprises, and Mantra does real estate. They are like separate streets, with assets, liquidity, and yield structures not interconnected. But the core of finance is not issuance, but liquidity. True RWA infrastructure must allow assets to interoperate across chains, trade across protocols, and achieve automatic compliance. This is precisely the entry point for @Novastro_xyz. It is not about issuing a specific type of asset, but about building a network layer that allows all real assets to flow freely. Novastro is a modular RWA network, allowing assets like real estate, gold, and farmland to circulate freely between Ethereum, Arbitrum, Sui, and Solana. AI is responsible for compliance and yield optimization, and DTC allows each asset to "come alive" on-chain like a smart contract. In July, the testnet had over 400,000 users and $25 million TVL, Kaito IDO was oversubscribed by 250%, with an FDV of only $50 million. Additionally, the TGE is set for October 15, so there isn't much time left for everyone. Before this TGE, the team launched the NovaLand Genesis NFT, 🎁 @NovaLand_nft. Exclusive rewards for creators and early community participants. ✍️ Submit quality creative tweets: original articles or tweets about Novastro / NovaLand, and you will have the chance to obtain WL (free mint) qualification for the NFT. Holders can: Participate early in RWA yield opportunities (real estate / agriculture / gold) Stake $XNL for additional annualized returns Gain Novastro OG status and governance priority/airdrops. 📅 Submission deadline: October 12 📩 Submission form: [ 🪩 x:: 🌐 Official website: Total of 3,000 pieces. Three consecutive tweets. 10 *1 NFT WL will be given away under the tweet. 5 creators will be selected from the comments section for an additional 5*1. 5 lucky participants will be drawn from the comments section for 5*1.

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Centrifuge FAQ

Centrifuge is a decentralized finance (DeFi) protocol that revolutionizes the tokenization of real-world assets. Centrifuge converts these assets into non-fungible tokens (NFTs), unlocking their value and enabling seamless integration with the broader DeFi ecosystem. The protocol's Tinlake decentralized application (DApp) acts as a gateway, providing access to the liquidity and functionality of the Ethereum blockchain.

Centrifuge offers several benefits to its users. One key advantage is the elimination of third-party intermediaries, such as banks, when obtaining loans for real-world assets. This provides borrowers an alternative financing option and expands their access to financial opportunities. 

Additionally, Centrifuge's integration of real-world assets into the DeFi space unlocks a diverse range of financial tools that would otherwise be inaccessible through traditional financial systems.

You can buy CFG tokens on a number of different spot trading markets. One example is OKX which offers a CFG/USDT pair. 

Swap your existing cryptocurrencies, including Bitcoin (BTC), Cardano (ADA), Tether (USDT), and USD Coin (USDC), for CFG with zero fees and no price slippage by using OKX Convert.

Currently, one Centrifuge is worth AED1.043. For answers and insight into Centrifuge's price action, you're in the right place. Explore the latest Centrifuge charts and trade responsibly with OKX.
Cryptocurrencies, such as Centrifuge, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Centrifuge have been created as well.
Check out our Centrifuge price prediction page to forecast future prices and determine your price targets.

Dive deeper into Centrifuge

Purchasing cryptocurrency offers numerous benefits, including uninterrupted market access, fast transactions, and user autonomy over their assets. However, the notable drawback is the significant volatility that cryptocurrencies often exhibit.

While some volatility is necessary for trading opportunities, the crypto market tends to experience heightened fluctuations. This is where projects like Centrifuge (CFG) come into play, aiming to provide a less volatile alternative while retaining the advantages of cryptocurrencies.

What is Centrifuge?

Centrifuge is a decentralized asset financing protocol that bridges the gap between real-world assets (RWA) and decentralized finance (DeFi). By connecting these two realms, Centrifuge offers traders a stable source of income while reducing the cost of capital for small and mid-size enterprises (SMEs).

The project's primary objective is to generate profits independent of the volatility of traditional crypto assets. It aims to achieve this by facilitating the transfer of real monetary value from fiat currencies to the crypto space, providing a more stable and reliable trading option.

The Centrifuge team

The Centrifuge team, composed of Martin Quensel and Lucas Vogelsand, launched the project in 2017. Vogelsand, the founding engineer of Centrifuge, also holds the CEO position within the company. Before his involvement with Centrifuge, he co-founded DeinDeal, a well-known e-commerce startup, in 2010. Quensel, on the other hand, serves as the project's COO. Before his role at Centrifuge, he was also a co-founder of Taulia.

How does Centrifuge work?

Centrifuge allows its client companies to access the liquidity of DeFi. They get to tokenize real assets, and use these tokens as collateral for accessing financing using Tinlake, the project’s decentralized application (DApp) lending protocol. Centrifuge’s network was built on Polkadot, so it also gets access to fast speeds and low fees.Meanwhile, its financial DApp Tinlake was built to access the liquidity on Ethereum.

CFG: Centrifuge's native token

Centrifuge has its native cryptocurrency called CFG token. The CFG token was introduced in July 2021 and does not have a maximum supply. The total supply of CFG tokens is currently 430.01 million. As of June 2023, the circulating supply of CFG tokens is 360.26 million units.

CFG token use cases

The CFG token serves various use cases within the Centrifuge ecosystem. It is utilized for trading, investing, and staking activities. Additionally, the token powers the network infrastructure and the project's DApp. It is also employed for paying transaction fees and participating in governance decisions.

Distribution of CFG

The distribution of CFG tokens is as follows:

  • 17.1 percent is allocated to private round funding.
  • 8 percent is allocated to public funding rounds.
  • 27 percent is allocated to the team.
  • 11.8 percent is allocated for the development of the project.
  • 7.3 percent is set aside for rewards.
  • 11.8 percent is allocated to the foundation.
  • 9.9 percent is allocated toward the ecosystem.
  • 7.1 percent is allocated for grants.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
AED165.38M #226
Circulating supply
158.34M / --
All-time high
AED9.539
24h volume
AED795.23K
3.3 / 5
CFGCFG
AEDAED
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